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Transcripts For CNNW The Situation Room With Wolf Blitzer 20120330



closed doors. we ll tell you what s happening right now and what happens next. also, $640 million up for grabs. the largest lottery jackpot in history could be yours if you got the lucky ticket. i m wolf blitzer. i m wolf blitzer. you re in the situation room. captions by vitac www.vitac.com we ve got breaking news coming into the situation room right now. president obama has just stepped up his re-election campaign. we have the information that is just coming in, stepped up pressure on iran. huge new pressure. the white house has decided to go ahead with what will be the toughest sanctions yet against the iranian regime. bottom line, get this, any country getting oil from iran won t be doing business with the united states any longer. let s go straight to our chief white house correspondent, jessica yellin. tell our viewers what the president decided to do just now. well, if the news is that 12 countries that get oil from iran will have to make a decision by ....

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Transcripts For CNNW The Situation Room With Wolf Blitzer 20120329



that the cold war ended more than two decades ago. wolf blitzer is off today. i m gloria borger and you re in the situation room. captions by vitac www.vitac.com the average price for a gallon of regular gas today is about $4. make that $3.92. our new poll shows nearly half of americans expect that price to hit $5. that s $5 this year and most blame the oil companies. president obama tried to hitch a ride on those sentiments today. chief white house correspondent jessica yellin is here. jessica, is the president going after big oil? again. believe it or not, it really felt like today was let s play politics with gas prices day in washington. the president played his part from the rose garden. think about that. it s like hitting the american people twice. he called on the senate to pass a bill that would have eliminated billions in tax breaks for oil companies. american oil is booming. the oil industry is doing just fine, with record profits and risin ....

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